LG Might Give Up On Smartphones

LG might give up on smartphones

The Main Point

LG might give up on smartphones, and that is quite sad. Lately, they haven’t been doing too well in the smartphone market, so this isn’t too much of a surprise. I haven’t used LG phones too much, but it is still sad to see a company possibly leaving the market. LG was working on some interesting designs, too.

LG is a very large company. They make a ton of different products, but their main category is probably appliances. They have also been making smartphones for many years, but lately their smartphone business has been decreasing. This means that hey haven’t been making very much money from it, if any.  Now, we know that LG may stop making smartphones soon, which would be pretty sad.

LG might give up on smartphones

How do we know this?

There are a few reasons that we know that LG is considering ending their smartphone business. First of all, the LG CEO Kwon Bong-seok sent out an international memo that told employees that the company is considering ending their smartphone business. Second of all, LG has officially confirmed that this was a real message. They have three options, which are downsizing their smartphone business, leaving the market and selling off its smartphone business. None of these options are good, but I would rather see them downsize than completely end their business. It would be sad to see LG leave the smartphone market, because they have some interesting ideas.

LG might give up on smartphones

When would this happen?

If LG were to leave the smartphone market, when would they do it? Well, according to what we know, it would likely be in 2022. We don’t know the exact time of year that LG would make this change, but at least we know that it won’t be this year. No matter when this happens, if it does, I would be sad to see LG leave the smartphone market. They may not make the best phones, but they try out a lot of cool ideas. Their phones also aren’t always as expensive as competitors, and that makes them a pretty good deal. It is always sad to see a company leave a market.

The Main Point

LG might give up on smartphones, and that is quite sad. Lately, they haven’t been doing too well in the smartphone market, so this isn’t too much of a surprise. I haven’t used LG phones too much, but it is still sad to see a company possibly leaving the market. LG was working on some interesting designs, too.

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